Dubai named among property hotspots for 2013

Posted by: Red Snappa Sunday, 30 December 2012 10:59 AM[UAE] - Ireland

"Knight Frank warned that a sharp slowdown in the global economy is the highest risk for the world?s prime residential markets closely followed by government cooling measures."

Already happening, also what about the security situation in the region KF? worthy of mention perhaps? Investors in large properties of the nature described will not be arriving in their thousands, plus they look for value and security of tenure, easy access to the country and their assets i.e. walk-in with a quick flash of the passport.

However, we shall see, estate agents think the same the whole world over, with the briefest of nods to the riskier fundamentals. And a happy and prosperous New Year to us all, our mansions await!

Posted by: Irene Saturday, 29 December 2012 1:46 PM[UAE] - UAE

I know this is everyone's dream here in Dubai including me but reality is, at this present time it is no hot spot to buy in Dubai in view of the still high prices compared to the rest of the world.
I hear many many people around me buying in Europe because the value is so high compared to what you get here in Dubai.
For a 2 or 3 bedroom apartment on the Palm or JBR you get a wonderfull house + land +papers, anywhere, North, central, South, pick your choice!...everyone will notice this on internet, so these stupid headlines wanting to brainwash people should be refrained It will come,because Dubai is a dream place, but not yet, in 3 to 5 years....This only has a counter effect of showing how the real estate is deparate, accept the market how it is, Dubai is a wonderful place to live but at present there are no hot spots anywhere, maybe south america, I am told but....as nobody knows what future will bring in this year to come., everyone is rather careful as money is hard these days

Posted by: Abdul hafeez Sheikh Friday, 28 December 2012 3:58 PM[UAE] - Pakistan Islamabad

Dubai is now the center of Industrial activities for high tech industries . The establishment of Jet engine overhaul industry will enhance the need for residential property . Similarly if other Multinationals establish their industrial branches in Dubai then the property will automatically gain upward trends . The government should facilitate more the High tech Industry in Dubai which will bring high salary engineers and technicians ,this will ultimately increase the value of the property in Dubai

Posted by: DubaiOverpriced Thursday, 27 December 2012 7:26 PM[UAE] - UAE

Villa increases year on year of 20% are ridiculous. The market is full of speculators.

This market will only ever stabilize if people are granted permanent residence after working or living in Dubai for a set number of years.

Right now, it is nothing more than a casino.